Patrice Lescaudron, a French banker who worked in Credit Suisse’s Russia, Ukraine and Central Asia department, was sentenced to five years in prison for running an eight-year scheme in which he made unauthorized trades and moved assets between clients’ accounts.

It was December 30, 2015, and Russian businesswoman Olga Kurbatova, who founded a successful Moscow-based beverage company called Happyland Corp, was celebrating the New Year with her son when she got an unexpected phone call from the bank that managed her fortune, Credit Suisse.

Despite assurances to a Geneva Court, Credit Suisse has thus far refused to return funds stolen from clients during a near $1 billion years-long fraud executed by one of its own employees, who has already been convicted by a criminal court, CS Victims, a group of clients who are the victims of crimes, announced today.

Angry clients of Credit Suisse Group AG have filed lawsuits from New York to New Zealand to try to force the Swiss bank to disclose more details about a former employee who swindled them. Now they’re taking out a newspaper ad to publicize their case.

A court recently signed off on an agreement that will allow a Russian soft drink mogul, who claims she was bilked out of $35 million by an unscrupulous Swiss banker, to seek evidence to support a potential case against the bank.

A Russian client of convicted former Credit Suisse Group AG wealth manager Patrice Lescaudron lashed out at the lender for putting itself before clients and accused Swiss prosecutors of rushing their indictment.

A Credit Suisse Group AG unit is suspected by Geneva prosecutors of systematically neglecting basic compliance rules and failing to prevent alleged money-laundering by a Turkish asset manager it worked with.

Geneva prosecutors are investigating whether a Credit Suisse Group AG unit failed to stop money laundering in a widening fraud case tied to a defunct asset manager, according to people familiar with the probe.

Who could ever have suspected it? Weak money-laundering defences at a Swiss bank, of all places. And in relation to Fifa and Petrobras, those beacons of moral probity. Thank heavens regulator Finma has shown how seriously Switzerland regards lapses at Credit Suisse. It has issued a press release.

Credit Suisse Group AG was scolded by Switzerland’s financial regulator for its failure to properly oversee a former star wealth manager convicted of fraud, escaping any real penalties for its compliance shortcomings.

Five months after a former Credit Suisse Group AG banker was convicted of orchestrating a near decade-long scheme to hide growing losses from his clients, the financier has got an unlikely boost from his one-time employer.

Former Credit Suisse wealth man­ager Pa­trice Lescau­dron was sen­tenced to five years in prison by a Geneva court on Fri­day for abus­ing the trust of clients and creat­ing a fraud­u­lent scheme that made him tens of mil­lions of Swiss francs.

A former top Credit Suisse wealth manager was found guilty of defrauding his eastern European clients by a Swiss court on Friday and sentenced to five years in prison. Here’s what you should know about Patrice Lescaudron, as well as the prosecutor who led a two-year investigation into his crimes, the trial judge and his principal accusers.

Former Credit Suisse client adviser Patrice Lescaudron was sentenced to five years imprisonment by a Geneva court on Friday for abusing the trust of clients and putting in place a fraudulent scheme that brought him tens of millions of francs.

A Geneva court is poised to convict a former Credit Suisse banker over dealings with a billionaire ex-prime minister of Georgia. The move opens the floodgates for Russian claimants to seek remands from the Swiss bank.

A verdict Friday in a Geneva court may bring some closure to the former Credit Suisse Group AG banker who has been in jail for two years before his trial on fraud charges even began. For the Swiss bank, the headache may linger for years.

Patrice Lescaudron, the former Credit Suisse Group AG banker on trial for taking money from the accounts of wealthy clients, found phony Excel spreadsheets were the easiest way to keep customers in the dark about the fraud in their accounts.

A former Credit Suisse Group AG banker, accused of taking millions from rich clients’ accounts to cover trading losses, told the court on a long first day of his trial in Geneva that stress from the financial crisis and his growing losses took a great toll on his health.

Credit Suisse is bracing for a tough couple of days in Geneva, where a former banker is standing trial for embezzlement. The claimants are rich Eastern European clients eager to retrieve assets they kept at the Swiss banking giant.

If it wasn’t for a bad bet on a small Californian company, the former Credit Suisse banker identified only as Mr. L until now might never have ended up in a jail cell just across Lake Geneva from his $2.4 million home.

Georgian billionaire Bidzina Ivanishvili sued Credit Suisse in Singapore, New Zealand and Bermuda, alleging the bank must have known about the actions of a former employee who forged trades to cover losses from other customers’ accounts.

Lawyers for former Georgia Prime Minister Bidzina Ivanishvili said on Tuesday they are suing Credit Suisse in Singapore, New Zealand and Bermuda, alleging failings at the bank led to fraudulent mismanagement and substantial losses.

Geneva prosecutors will examine whether Credit Suisse Group AG bears any criminal responsibility for alleged wrongdoing by one of its former wealth managers, according to four people familiar with the probe.

Swiss prosecutors are pursuing emails and other documents that may lead them to expand a fraud investigation into a defunct Geneva-based asset manager to include Credit Suisse Group AG employees, people familiar with the case said.